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Did the California Governor Just Kill Uber and Lyft?
California Governor Gavin Newsom has finally signed a new law that would really help the gig economy. Assembly Bill 5 (AB5) was introduced by Assemblywoman Lorena Gonzalez in January with the intention to codify a recent State and Supreme Court decision into law. The details are complicated, but the intent is to ensure that employers…
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Is Uber Leaving Billions on the Table by Taking the Company Public?
We brought you a post last week about the upcoming Uber IPO, and while it was hard to predict how much the shares would sell for, we now have a better idea. Uber might end up being the largest company to go public this year, and maybe for a while, but instead of getting the…
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Can Uber Really Get $50/Share for Its Upcoming IPO?
Uber is very close to going public and this will be the second ride-hailing company to do so. Wall Street Analysts are sending a clear message – this could be very big for Uber, but they shouldn’t be so quick to discredit Lyft. The IPO is drawing some pretty big name supporters like PayPal, but…
